Real Estate

Inflation: a sustained increase in the general level of prices for goods and services. In more lay terms, it means as time goes on and inflation goes up, your buying power becomes less and less with the same amount of money. Remember in the mid-90s when $1 million dollars seemed like you were ready to

A luxury home with swimming pool is shown in Naples, Fla. A. Kurtz | Getty Images The nation’s priciest properties are in far less demand this year, and that is taking a toll on their values. Sales of homes listed at $2 million and above fell 16% in the first quarter, the sharpest annual decline

The fielding pose is much rarer than the batting version. Photo by Love of the Game Auctions In June 2017, the winner of a Heritage sports auction paid $5,520 for a very scarce 1907 Ty Cobb “rookie” postcard in good condition PSA 2 (on a scale of one to 10) after 15 bids. Recently, the

TRI Pointe Group CEO Douglas Bauer on Tuesday told CNBC he saw a “momentum shift” in the first quarter of 2019. “The consumer is definitely more engaged,” he said in a one-on-one interview with “Mad Money’s” Jim Cramer. An amalgamation of local housing companies, TRI Pointe has surged more than 19% this year along with

Share to facebook Share to twitter Share to linkedin Signage is displayed at the WeWork Cos. 32nd Milestone co-working space in Gurugram, India, on Monday, Feb. 18, 2019. The New York-based co-working giant WeWork Cos, which operates shared office spaces around the world, has attracted huge piles of © 2019 Bloomberg Finance LP The We

A sign is seen in front of a home for sale in San Francisco. Justin Sullivan | Getty Images The median price of a San Francisco Bay Area home sold last month fell slightly compared to the prior-year period, marking the first annual drop since the bottom of the last housing crash, seven years ago,

Give mom something special for Mother’s Day this year. Primary Petals Our mothers do so much for us. But showing our love on Mother’s Day can often be a challenge. Buying a unique, outside-the-box gift is a great way to show her how thoughtful you are. Gifts for the home are particularly appreciated because they’re

A woman browses the site of US home sharing giant Airbnb on a tablet. John MacDougall | AFP | Getty Images Airbnb is partnering with a major New York real estate developer, RXR Realty, to convert portions of New York City commercial properties into a “new category of urban lodging.” They are essentially hotel rooms

The Rock House is in development Grace Bay Resorts Turks and Caicos’  luxury real estate market is hot.  It’s an easy three plus hours direct flight from New York’s JFK to Providenciales, the largest island in the Turks and Caicos chain. Providenciales is home to the Island’s largest population, luxury resorts and luxury residential development.

LOS ANGELES — Rent control is back on the front burner in California as lawmakers consider a bill that would cap monthly increases statewide and Gov. Gavin Newsom weighs in to support “a renter protection package.” The push in Sacramento for rent control comes as a new effort is underway to put a rent-control measure

Hollywood icon Clint Eastwood‘s sustainable residential community in Carmel, California enters final phase. (Axelle/Bauer-Griffin/FilmMagic) Getty If you fancy golf, jazz, cars and the peaceful splendor of California’s picturesque central coast, Clint Eastwood is about to make your day. Again. Of the 60 purchased homesites, 30 Teháma homes have been built so far. Jason Speth/Courtesy of

Corn and soybeans grow on a farm on July 13, 2018 near Tipton, Iowa. Scott Olson | Getty Images News | Getty Images Farmland values in America’s heartland are still stable, despite pressures on farm incomes and rising interest rates, according to a quarterly report by the Federal Reserve Bank of Kansas City. At the

Will Realtors Disappear? Propy Inc The traditionally stale real estate industry is starting to evolve faster due to advancements in automation and new technologies such as AI and blockchain. These technologies bring the opportunity to tackle the well-known inefficiencies of the real estate sector. As a result of these changes, real estate agents will need

The County of Los Angeles’ population fell last year, even as other major counties in the state added residents. “Los Angeles is just not growing,” said Richard Green, director of the University of Southern California’s Lusk Center for Real Estate. “A lot of [the reason] is housing, and not just the cost of housing but

Share to facebook Share to twitter Share to linkedin Buyer and sellers not only represent opposite sides in the negotiation equation, but also experience the tugs of the give and take in very different ways. AdobeStock Buyers feel excited. Sellers feel nostalgic. Buyers look ahead. Sellers look back. These differences help to explain the profoundly

27 Mins Ago Shares of retailer Macy’s rose 2% Wednesday, following a report by Bloomberg the retailer may build an office tower on top its flagship New York store. The reports are indication that the retailer may be further evaluating ways to make money off its expansive real estate portfolio. CNBC’s Courtney Reagan reports.

The Royal Thai Navy has towed a floating home owned by an American bitcoin trader and his Thai girlfriend, who currently face possible death sentences or life imprisonment for “deteriorating Thailand’s independence,” according to multiple reports. Chad Elwartowski and his partner Supranee Thepdet lived in the cabin roughly 15 miles from the Thai coast to

Since New York City required residential buildings to set smoking policies, real estate agents and landlords say they have seen no impact on sales. Getty Since last summer, all New York City multi-family properties have been required by city law to create smoking policies for their buildings, leaving landlords, co-op boards and property managers debating

I recently interviewed Ryan Simonetti co-founder and CEO of Convene. What I loved about the Convene model is that it displays the core element to transformation – taking one industry model and transplanting it into a related but different industry … in this case incorporating hotel concierge services into commercial real estate. Convene has quickly

Sales of existing homes were weaker than expected in March. But behind the headline numbers, an even more disconcerting dynamic is playing out. Both the high end and the low end of the market are struggling due to completely different factors. Sales of the lowest priced homes—those below $100,000—were down 13% in March compared with

Greg and Kirsten Norman at Seven Lakes Ranch Max Kim-Bee Hall of Fame golfer Greg Norman, whose success in business ventures rivals his golfing career, is selling his Seven Lakes Ranch in Meeker, Colorado. The sprawling homestead, undeniably a sportsman’s paradise, is back on the market for $50 million, $5 million less than its list

The relaxing of foreign real estate investment laws in Abu Dhabi will create jobs and stoke demand for property, according to one of the leading property developers in the United Arab Emirates. “It’s game changing,” Aldar Properties CEO Talal Al Dhiyebi told CNBC’s “Capital Connection.” Aldar is the largest listed property developer in Abu Dhabi

Strong home price appreciation last year led many to wonder if housing was unsustainably strong. I thought not and in November 2018 wrote Housing Forecast: Not A Bubble In 2019. This update shows that housing will continue to soften, though not quite so much as previously expected. The most important factor determining housing construction and

What does the Halifax House Price Report really mean? Adobe Stock UK homeowners have often found themselves ‘earning’ more from the increasing value of their property than from their take-home pay. But new research today from Halifax suggests that this historic trend might be reversing. For many in the property market, this is welcome news.

Smart security products have become increasingly popular in recent years. Among them are smart locks, which allow you to secure your doors remotely and give you a way to get back into your home through your smartphone when you’ve forgotten your keys. To help you wade through the many options available now, we’ve rounded up some of

Two weeks of rising rates are taking their toll on homeowners hoping to refinance, but homebuyers are not pulling back. Mortgage applications to purchase a home rose 1% last week from the previous week and were 7% higher than a year ago. Purchase applications reached their highest level since April 2010. Total mortgage application volume

Yardbird’s Waverly Collection. Yardbird When purchasing outdoor furniture, consumers usually have to choose between sustainability and affordability, but two-year-old startup Yardbird has found a way to offer both. Launched in 2016, the brand’s 2017 pop-up store sold $1 million in inventory within its first four weeks of opening. With over $4 million in sales, they’ve exceeded

Step aside, Florida. New Mexico is the new top retirement destination. Those were the findings from a survey by United Van Lines. The relocation company polled 26,998 of its customers who moved last year, through Nov. 30, 2018. Among those who moved to New Mexico, 42% said they did so because of retirement, making the

Marc Jacobs bought the four-story West Village home in 2015. Yoo Jean Han Fashion aficionados now have the opportunity to live in a four-story West Village townhouse designed by Marc Jacobs. The designer bought the 4,346-square-foot home as a blank palette for $10.495 million in 2009 and furnished the entire space, from the doorknobs to

The nation’s homebuilders are pleased with the strong demand they’re seeing this spring, but they continue to see buyers being held back by today’s high home prices. Builder confidence rose 1 point to 63 in April in the monthly National Association of Home Builders/Wells Fargo Housing Market Index. It was at 68 last April, and